43% homeowners delayed improvements due to inflation – Report
Sixty per cent of homeowners, in a recent survey, said they were less comfortable making large purchases for their homes or households because of rising prices, according to Hippo Insurance’s…
RIMAN harps on enterprise risk management
The Risk Management Association of Nigeria has expressed its commitment to sustainability and enterprise risk management in organisations. It said this in a statement on its upcoming annual general meeting…
NIN: Telcos lose 12.33 million subscribers in 2021
The number of Internet subscriptions fell from 154.29 million as of December 2020 to 141.96 million as of December 2021, showing an eight per cent decline on a year-on-year analysis.…
Inflation to push 15 million Nigerians into poverty –World Bank
The World Bank has said that inflation shock is projected to push about 15 million more Nigerians into poverty between 2020 and 2022. The Washington-based bank said this in its…
7.6 million South Africans invest in crypto – Study
About 22 per cent of adults in South Africa are cryptocurrency investors according to a study by Kucoin. This translates to 7.6 million people aged between 18 and 60. The…
E-commerce offers growth opportunity for SMEs -Google rep
The Google Country Director for West Africa, Juliet Ehimuan, has said e-commerce presents an opportunity for small businesses in Nigeria and other African countries to attract new customers and grow.…
Petrol price rose to N173.08 in May –NBS
The National Bureau of Statistics says the average retail price paid by consumers for Premium Motor Spirit (petrol) increased to N173.08 in May. This is according to the NBS Premium…
Nigeria endowed with 44 minerals in 500 locations – Minister
The Minister of Mines and Steel Development, Olamilekan Adegbite, has said that Nigeria is endowed with quality commercial minerals in over 500 locations across the country. Adegbite said this in…
Maritime security: NIMASA takes delivery of unmanned aircraft
The Nigerian Maritime Administration and Safety Agency has taken delivery of additional mobile assets for enhanced maritime security under his deep blue project. According to the agency, two unmanned aircraft…
CBN’s intervention funds fuelling inflation, World Bank warns
The World Bank has said the Central Bank of Nigeria’s development finance intervention is fuelling inflation in the short term and weakening the ability of the apex bank to control…
Energy firm marks 25th anniversary with tennis tournament
Rainoil Ltd an integrated energy company has promised to add value to sports development in the country. The Managing Director of Rainoil, Gabriel Ogbechie, made this known during the sports…
Eko Atlantic City: Africa’s real estate hub where square metre costs $1,720
Over the last few decades, the geographical dichotomy between Mainland and Island in Lagos has placed the latter as a highbrow settlement that now boasts of some of the most…